Lifetime Brands (LCUT) Company Overview

~ Optimizes Infrastructure for U.S. Business, Increasing Capacity by 46% to 1.027 Million Square Feet ~ ~ Relocating East Coast Distribution Center to Built to Suit Facility in Hagerstown, MD ~ ~ Expected to be Fully Operational in 2026 ~ GARDEN CITY, N.Y., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT) (“Lifetime” or the “Company”), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced its plan to construct a new distribution center that will serve as a cornerstone for Lifetime's infrastructure for the future, beginning with the signed lease for a new built to suit 1.027 million-square foot distribution center in Hagerstown, MD (the “Hagerstown Facility”).

GARDEN CITY, N.Y., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced that management will participate in the Keybanc Capital Markets December Consumer Spotlight event being held virtually on December 12-13, 2024.

Lifetime Brands, Inc. boasts a diverse portfolio of well-known brands and strong connections with major retailers like Walmart, Target, and Amazon. Recent investments in new manufacturing capacity and hiring, particularly in Mexico, are expected to boost net sales and free cash flow growth. LCUT's stable EBITDA, stock repurchase program, and undervaluation compared to peers suggest significant upside potential despite risks from tariffs and supply chain issues.

Lifetime Brands (LCUT) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.36 per share a year ago.

Secures Agreement with Premium Glassware Brands Royal Leerdam® and ONIS® Adds Scale to Commercial Food Services Business GARDEN CITY, N.Y., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products, today announced it has signed an agreement to expand its product offerings within its Mikasa Hospitality division to distribute and market the Royal Leerdam® and ONIS® brands.

GARDEN CITY, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced that management will participate in the Sidoti Virtual Small-Cap Conference being held on September 18-19, 2024.

Lifetime Brands, Inc. (NASDAQ:LCUT ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Carly King - Investor Relations Rob Kay - Chief Executive Officer Larry Winoker - Chief Financial Officer Conference Call Participants Anthony Lebiedzinski - Sidoti Linda Bolton Weiser - D.A. Davidson Brian McNamara - Canaccord Genuity Operator Good morning, ladies and gentlemen, and welcome to Lifetime Brands Second Quarter 2024 Earnings Conference Call.

Lifetime Brands (LCUT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Lifetime Brands (LCUT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).